Justice Department files antitrust suit to block $2 billion merger of Penguin Random House, Simon & Schuster

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Justice Department files antitrust suit to block $2 billion merger of Penguin Random House, Simon & Schuster
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DOJ files antitrust suit to block $2 billion merger of Penguin Random House, Simon & Schuster

The administration said the proposed merger "would likely harm competition in the publishing industry."

Simon & Schuster display at the London Book Fair at Kensington Olympia on the 12th March 2019 in London.The Biden administration on Tuesday sued Penguin Random House and Simon & Schuster to block the two companies from completingthat the administration said "would likely harm competition in the publishing industry."

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